Rising American inflation; Starlink limits service in Ukraine, and more
Summary
US inflation rose to 3.7% on higher energy costs, pressuring the Fed and Trump's approval ratings. Ukraine reported heavy Russian strikes and limited Starlink access, while China's trade surplus hit a record $938 billion. BlackRock posted strong earnings, and attacks on shipping in the Strait of Hormuz escalated. Netflix laid off 1,000 staff amid competition, and Bending Spoons shares surged after a new Berkshire Hathaway investment.
Topics discussed
Sponsorship by AXA XL
US inflation rise and political impact
Ukraine Starlink access and energy attacks
China trade surplus and EU car export limits
BlackRock Q3 revenue and asset growth
Strait of Hormuz ship attacks
Netflix layoffs and competition
Bending Spoons Berkshire Hathaway investment
Figure of the day: Russian soldier compensation
Belmont Park Village advertisement
Closing and subscription promotion
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